Japan Pledges to Maintain Orderly FX Market Amid Yen Strength
Japan's Finance Minister Satsuki Katayama stated that her country will maintain an orderly foreign exchange market. This comes after Japan and its US counterparts conducted a joint intervention, but their stance on currencies hasn't shifted. The yen has strengthened to its strongest level since February.
Katayama said she will continue to work closely with Scott Bessent at the US Treasury to achieve this goal.